Page 143 - Higher News Today

RBI’s new norms may lead to higher provisions for select NBFCs : Rashtra News In a report published Wednesday, Motilal Oswal said only Mahindra & Mahindra Financial Services (M&M Finance) had NNPAs of more than 6% which it could conveniently bring down to less than 6% by the end of the current financial year. By

Oak Point University in Illinois announced last week that it is unexpectedly closing at the end of the spring semester, shuttering its two campuses, local news station WGN9 reported. The closure reportedly caught both students and employees by surprise.

As problems continue to beset the new FAFSA, most colleges are pushing their deposit deadlines into June. But some are still dragging their feet. What’s the hold up? The rocky rollout of the new Free Application for Federal Student Aid has wreaked havoc on colleges’ admission timelines.

A coalition of 11 Republican-led states is suing the Biden administration to block its new student loan repayment plan. Kansas is leading the lawsuit.

In an era of shifting job demands, the relevance of higher education in preparing individuals for employment is under scrutiny. Read to learn more.

Buffalo State University has rescinded an offer to presidential hire Chance Glenn amid an apparent controversy over a grant application at another institution, The Buffalo News reported.

Four Appalachian State staff members, who led an affinity group for LGBTQ+ employees, say they were fired with no notice and little explanation. Appalachian State University has fired four leaders of a group for LGBTQ+ employees, three of those former employees told Inside Higher Ed in interviews. When they asked why they were being terminated, two of the former employees said they were told, “North Carolina is an at-will state.”

Starting this spring, Marymount’s master’s in counseling and doctoral students can earn work experience through a free counseling clinic for the public. As mental health concerns continue to rise among Americans, Marymount University in Virginia launched a community clinic to address local needs and provide experiential learning opportunities for counseling students. Starting this spring, graduate students at Marymount are providing free virtual counseling sessions to the general public and ...

Tennessee House Republicans voted to vacate the entire board of Tennessee State University on Thursday, reversing a previous deal reached in committee with House Democrats to keep three of the 10 board members in place for continuity, The Tennessean reported. The bill now awaits Governor Bill Lee’s signature. Lee would be responsible for appointing new board members.

The complex formula, mirroring K-12 overhauls, prioritizes adequate and equitable funding for historically underfunded regional and minority-serving institutions. The State of Illinois is exploring a novel funding model for its 12 four-year public colleges and universities that, if executed as proposed, would distribute state funds more equitably in ways that would particularly benefit regional and minority-serving institutions.